The change wasn't completely unexpected.

The Street expects MercadoLibre will do about $28.6 billion in revenue in 2025. Operating expenses have grown faster than ...

Amazon to invest $12B in Louisiana data centers to boost AWS cloud and AI amid hyperscaler race for dominance.

Confetti and fireworks lit up the inside of the Shreveport Municipal Auditorium Monday afternoon as Gov. Jeff Landry unveiled Amazon as the company behind the construction of three new ...

The project comes as Amazon has committed up to $200 billion this year on AI investments, which include data centers, chips and networking equipment.

By Greg Bensinger SAN FRANCISCO, Feb 23 (Reuters) - Amazon said it expects to invest $12 billion in Louisiana as part of a plan to build data centers in the Pelican State. The Seattle-based online ...

Amazon announced a $12 billion data center project in Louisiana in which the company vowed to pay its own way for energy and other infrastructure.

Wall Street is starting to waver when it comes to the extraordinary amount of money being poured into AI projects, so Amazon has a pitch to try to quell concern: spending through it. The company ...

The massive amount of development that will result in this is something unlike anything that we've ever seen.” Here’s what we ...

The fast-fashion giant is reshaping its supplier network with new investments as global retail competition intensifies.